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Forward Microfinance Bittiyanstha (XNEP:FOWAD) Altman Z-Score


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What is Forward Microfinance Bittiyanstha Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


Forward Microfinance Bittiyanstha Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Duhabi-2, Sunsari, NPL
Forward Microfinance Bittiya Sanstha Ltd is a microfinance development bank. Its products include Loan Products, Savings Products, Security (Insurance), and Remittance. The group aims to increase financial access to poor households, particularly the women of poor families living in rural and remote areas of Nepal. Its reportable segments are Koshi Province, Madhesh Province, Bagmati Province, Gandaki Province, Lumbini Province, Sudurpashchim Province, and Karnali Province.